True Potential’s gift helps everyone plan a secure financial future
Finance is seen by many as a confusing and scary subject. David Harrison, Managing Partner of True Potential LLP, recognised that most people don’t have the knowledge to understand basic financial information.
As an MBA graduate from The Open University Business School, he was keen to help empower people and to share some of the learning opportunities he had. True Potential’s generous gift of £1.4 million to The Open University Business School in 2013 was instrumental in creating the True Potential Centre for the Public Understanding of Finance.
This unique Centre of research excellence draws on both organisations’ expertise in harnessing technology to provide access to knowledge. The Centre brings together academics with expertise ranging from pension funds to the role of emotion in financial decision-making.
“These free courses will arm people with the knowledge and information they need.” David Harrison, True Potential LLP
Recently, the True Potential PUFin Centre has published key papers that address some of the behaviours and risks behind the credit bubble and financial crash, which affected so many people’s lives. Free, open-access modules are helping deliver the foundations for increased financial literacy in the UK.
David Harrison says, “Investing and finance is a potentially very simple-to-understand subject that is frequently made very complicated and inaccessible – we have set up this centre to democratise finance and make financial education more readily available.”
“These free courses will arm people with the knowledge they need to make informed decisions about their finances, or to ask the right questions of the right people. This will inevitably go a long way in helping to close the growing savings gap that exists in the UK today.”
Christopher, one of the first students to study one of the short courses, said, “This course is essential learning for all.”
The vision and generosity of True Potential LLP, and many other far-sighted corporations that we work closely alongside, will equip thousands of people with the knowledge and confidence to create better futures for themselves and their families.